FIRST CLASS GAP
Current model year plus 7 years’ prior
24 – 96 month terms available
Best suited for NewCar Franchised Dealers...The Values the program allows regarding loan Values are as follows;
Vehicle values of 130% of MSRP + $10,000 in Negative allowed
MSRP includes freight, PDI, Federal A/C excise tax, tire duty, Omvic, environmental fee and manufacturer installed options and sales tax. Less Manufacturer rebates
Eg $25,000 vehicle + $3250. Taxes + Freight, PDI, Excise Tax, Tire etc *+$1800 X 130% = $39,065 + $10,000 = maximum loan amount of $49,065.